Barter Economy in the New Institutional Perspective
This article presents a discussion of the theoretical and methodological approaches to the analysis of economic distortions in post-Soviet countries. Here we justify and illustrate the neoinstitutional methodology in the economics of transition. In particular, we outline the transaction cost-benefit analysis for the studies of barterization that we observe during the transition from plan to market. Also the validity of the neoclassical and neoinstitutional approaches to the economic policy design is compared.
barter tconomy, institutional perspective, methodological approache, theoretical approache
Pivnenko S. Barter Economy in the New Institutional Perspective / S. Pivnenko // Наукові записки НаУКМА. - 2000. - Т. 18 : Економічні науки. - С. 51-57.